What We Do
Falkirk Limited is experienced in the provision of online risk management and governance services, and program or project risk management for organizations.
All organizations, whether for profit - large, small, or medium-sized enterprises; or not for profit - government parastatals and non-governmental agencies, are exposed in one way or another to risks, with varying degrees of complexities and potential impacts. Put simply for our purposes, “risks” are hindrances to the attainment of set objectives, which may be an organizational strategy or time-bound program or project objectives.
Risk management refers to the collective process by which risks (existing and emerging) are identified, assessed, prioritized, monitored and communicated. Risk governance applies the principles of good governance, examples of which are accountability, effectiveness and efficiency, to the organization’s risk management framework.
The risk governance framework is a system, the output of which provides assurance to the efficacy of the organization’s risk management process. We provide our clients with risk governance advisory services where an assessment of the efficiency of instituted risk management processes is executed, as well as provide an end-to-end systematic risk governance framework adapted to their operating sectors.
We help our Small and Medium-sized Enterprise (SME) clients understand the risks that they face or are likely to face and jointly develop a risk management plan in line with International best practices.
In addition, we support our clients’ focus on the attainment of their strategic, project, or program objectives by conducting either a Business Strategy Risk Assessment that will enable focus on key risks to strategy attainment, or developing a Risk Breakdown Structure for the effective management of project or program risks, which is made dynamic by the inclusion of review triggers.
So, we partner with our clients to institute risk management and risk governance processes that will improve their risk profiles, and ultimately enhance their stakeholder value.
With the combination of passion, expertise, and over 20 years of hands-on experience in service delivery, we assure our clients of optimal positioning for organizational sustainability and enduring success.
Olayimikah Soetan Bolo
Principal Partner, Falkirk Ltd